Floyd Mayweather Offers $2 BILLION … To Buy An NBA Franchise!! (DETAILS)

Boxing super star Floyd Mayweather Jr.’s label is “Cash,” and he wants to invest a great deal of it to end up being the owner of an NBA franchise.

Speaking at an occasion previously today, the retired boxing super star stated he’s “been dealing with purchasing an NBA group outright,” and he, in addition to a company partner Brent Johnson, has actually currently made a deal of over $2 billion for bulk ownership.

Mayweather did state which NBA group he desired, or whether he’s rather looking leading purchase a possible growth franchise in Las Vegas or Seattle – however he is likewise watching on any existing groups that might be for sale.

Las Vegas and Seattle are “genuine” prospects for growth groups, according to an earlier ESPN report, however it’s “most likely years away” since the NBA wishes to negotiate its brand-new television/media rights offers and a cumulative bargaining arrangement prior to including brand-new groups.

Amongst existing NBA franchises, the Phoenix Suns are the just one understood to be for sale. Robert Sarver revealed in September he would offer the club, in addition to the WNBA’s Phoenix Mercury, amidst fallout from the league’s examination that discovered he utilized racist language, had “circumstances of inequitable conduct towards female workers,” made “sex-related remarks” and unsuitable remarks about the look of workers.

One financial investment lender informed ESPN’s Baxter Holmes the Suns will likely wind up costing the greatest cost ever for an NBA franchise. The existing record holder is the $2.35 billion Joe Tsai spent for the Brooklyn Nets.

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